Blog Post: Fidelity Bonding Program

Fidelity Bonding Program

What is the Fidelity Bonding Program?

Q. What Is The Fidelity Bonding Program?

The Federal Bonding Program provides Fidelity Bonds to anyone who are not eligible for commercial bonding, at NO COST to the employers or employees.  It is a unique tool to help a job applicant get and keep a job.

Q. What Is A Fidelity Bond?

It is a business insurance policy that protects the employer in case of any loss of money or property due to employee dishonesty. It is like a "guarantee" to the employer that the person hired will be an honest worker. The Fidelity Bonds are insurance policies of the Travelers Property Casualty insurance company. The McLaughlin Company in Washington, DC, is the agent for Travelers Property Casualty in managing the program nationwide.

Q. How Does the Bond Help Someone Get A Job?

The bond is given to the employer free-of-charge, and serves as an incentive to the company to hire a job applicant who is an ex-offender or has some other "risk" factor in their personal background. The employer is then able to get the worker’s skills without taking any risk of worker dishonesty on the job.

Q. What Exactly Does the Bond Insurance Cover?

It insures the employer for any type of stealing by theft, forgery, larceny or embezzlement. It does not cover liability due to poor workmanship, job injuries or work accidents. It is not a bail bond or court bond for the legal system. It is not a contract bond, performance bond or license bond sometimes needed to be self-employed.

Q. What Restrictions Exist In The Program’s Bond Coverage?

The worker must meet the State’s legal age for working; there are no age limits. The job usually is to be for at least 30 hours work per week. Workers must be paid wages with federal taxes automatically deducted from pay; self-employed persons cannot be covered.

Q. Who Does The Program Help?

Bond coverage is provided for any person whose background usually leads employers to question their honesty and deny them a job. The program will cover any person who is a "risk" due to their being in one or more of the following groups:

• Ex-offender with a record of arrest, conviction or imprisonment; anyone who has ever been on parole or probation, or has any police record.
• Ex-addict who has been rehabilitated through treatment for alcohol or drug abuse
• Poor credit record or have declared bankruptcy.
• Dishonorably discharged from the military
• Persons lacking a work history who are from low income families.

Q. Can Other Persons Be Bonded?

YES. Anyone else who needs the program’s bond in order to get a job.

Bonding Representatives

Eau Claire                                 Milwaukee               

S ue Hennig                               Laneice McGee

(715) 836-3160                           (414) 389-6465 

Elkhorn                                    Stevens Point   

Jenean S hreves                         Donna Swanson  

(262) 741-5191                          (715) 345-5339  

Pewaukee/Waukesha             Superior

Tom Barth                                 James Erickson

(262) 695-7791                         (715) 392-7808

Green Bay                              Wisconsin Rapids                

Roy Koeller                                Jan Wegner  

(920) 448-6773                         (715) 422-5021

Kenosha                                Department of

Rene O Connor                       Corrections:

(262) 697-4710                      Bonnie Heise  

La Crosse                            (920) 424-7604                  

Ed Ryan                               

(608) 785-9331                           

Madison , Dodgeville                                                                                   

Tom Swoboda                          

(608) 242-4879                        

Marshfield                                

Jan Wegner                               

(715) 387-6386                    

Menasha                               

Pam Basler                                               

(920) 968-6313